Financial Management of Parliament Act, 2009 (Act No. 10 of 2009)Chapter 3 : Planning and Budgeting22. Virement between main divisions within the approved budget |
| (1) | The Accounting Officer may use a saving in the total amount appropriated or approved under a main division within Parliament’s approved budget towards defraying excess expenditure under another main division within the approved budget, unless the Executive Authority directs otherwise. |
| (2) | The Accounting Officer must obtain the written permission of the Executive Authority to defray excess expenditure contemplated in subsection (1) from the savings of an amount— |
| (a) | specifically and exclusively appropriated or approved for a purpose mentioned under a main division within the approved budget; |
| (b) | appropriated or approved for transfer to another institution; or |
| (c) | appropriated or approved for capital expenditure when used to defray current expenditure. |
| (3) | The amount of a saving under a main division of Parliament’s approved budget that may be used in terms of subsection (1), may not exceed eight per cent of the amount appropriated and approved under that main division. |
| (4) | This section does not authorise the use of a saving of an amount that is a direct charge against the National Revenue Fund in order to supplement Parliament’s appropriated funds. |
| (5) | The Executive Authority may make regulations or issue instructions in accordance with sections 65 and 66 respectively concerning the application of this section. |